In the first three quarters, various indicators of the Korean machine tool industry maintained an overall growth

The latest statistics provided by the Korea Machine Tool Manufacturers Association (KOMMA) show that in September 2011, the new orders for Korean machine tools were 308.858 billion won, an increase of 9.76% over the previous month's 281.385 billion won. There has been a rebound, and the order value has increased by 21.68% compared with the 253.83 billion won in September 2010. In the first three quarters, the cumulative new orders for Korean machine tools were 3.47 trillion won, an increase of 36.28% over the 2.54 trillion won in the same period in 2010. According to KOMMA statistics, in August, South Korea's domestic orders were 170.6 billion won, an increase of 8.4% year-on-year. The growth momentum was mainly from the automotive industry and the expansion of enterprises' investment in plants and equipment; however, the value of overseas machine tool orders fell by 4.3% year-on-year. 110.8 billion won. In the first three quarters, the output value of Korean machine tools increased by 30.26% year-on-year. In September 2011, the output value of Korean machine tools was 282.313 billion won, an increase of 2.62% from the previous month's 275.115 billion won, and an increase of 14.01% compared to the 247.613 billion won in September 2010. In the first three quarters, the total value of machine tools produced in South Korea was 2.59 trillion won, an increase of 30.26% over the 1.99 trillion won in the same period in 2010. According to statistics, in August, the output value of South Korean CNC metal cutting machine tools was 237.3 billion won, down 1.9% from the previous month; the output value of non-NC lathes was 7.8 billion won, down 9.6% from the previous month; the output value of forming machine tools was 30.1 billion won, down 6.7% from the previous month. In September 2011, South Korea's machine tool imports continued to decline, and exports rebounded month-on-month. In terms of import and export trade, in September, South Korea imported machine tools worth 143 million US dollars, down 19.66% month-on-month, but up 15.39% year-on-year; exported machine tools were 192 million US dollars, month-on-month An increase of 10.78%, a year-on-year increase of 36.73%. In the first three quarters, South Korea imported a total of 1.394 billion US dollars worth of machine tools, an increase of 37.87% over the same period of 2010 of 1.011 billion US dollars; cumulative export of machine tools was 1.603 billion US dollars, an increase of 37.51% over the 1.165 billion US dollars in the same period in 2010. In September, the import value of Korean machine tools continued to decline month-on-month, but the export value rebounded month-on-month. In the first three quarters of 2011, the Korean machine tool trade achieved a trade surplus of US$209 million.